Hunter Group ASA – Disclosure of voting rights

Reference is made to the announcement by Hunter Group ASA (the "Company") on 7 March 2018 regarding the notice of an extraordinary general meeting to be held on 5 April 2018 at 11:00 CET (the "EGM"). The EGM is held at the request of Apollo Asset Ltd.

As of today, Arne Fredly has received proxies without voting instructions for 26,621,928 shares at the EGM, representing approx. 20% of the total number of shares and votes in the Company. In addition, Arne Fredly holds 26,231,602 shares in the Company through Apollo Asset Ltd. which is controlled by Arne Fredly.

Accordingly, Arne Fredly controls or through proxies has discretion to vote for 52,853,530 shares at the EGM, representing approx. 40% of the total number of shares and votes in the Company.

The proxies are only valid for the EGM and will lapse immediately thereafter.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

www.huntergroup.no

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Hunter Group ASA is a publicly traded investment company listed on the Oslo Axess. Hunter Group currently has 7 high spec VLCC's with scrubbers under construction at DSME in Korea.

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